Funding arb · Price arb /

AVAX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.042%

Price spread now: SoDEX against Pacifica+0.055%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.055% dearer against Pacifica than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	11.242	0.0100	pay 0.0013% / 1h	9m 07s	$299K	$120K	10x
Short	SoDEX AVAX-USD	11.248	0.0100	get 0.0013% / 1h	9m 07s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee SoDEXbpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → 0.000%: $5.5
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$10.5
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 9 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 9 min ago	6.22 bp	10.8 bp −$11	20.3 bp −$203	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	−0.0570%	1h	11.210	−0.283%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.245	+0.028%	$5.3M	$9.1M	25x	as long as short
Nado AVAX-PERP	−0.0041%	1h	11.242	+0.002%	$297K	$892K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.239	−0.027%	$103K	$106K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.246	+0.037%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0019%	8h	11.219	−0.203%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.243	+0.012%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.243	+0.011%	$18K	$686K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.239	−0.025%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.244	+0.019%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXlong	+0.0100%	1h	11.242	long leg	$299K	$120K	10x
Binance AVAXUSDT	+0.0100%	8h	11.242	+0.001%	$120.4M	$524.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.239	−0.025%	$89.3M	$157.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.240	−0.016%	$20.2M	$146.2M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.240	−0.016%	$12.5M	$40.7M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.241	−0.007%	$51.4M	$100.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.243	+0.011%	$16.0M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.243	+0.011%	$34.1M	$59.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.239	−0.025%	—	$6.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.241	−0.007%	$359K	$567K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.253	+0.099%	$359K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.256	+0.126%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.246	+0.037%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.251	+0.082%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.261	+0.170%	$12K	$734K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.248	+0.055%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.239	−0.021%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.242	+0.002%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.246	+0.034%	$669K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.243	+0.011%	$258K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.235	−0.061%	$910K	$8.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.240	−0.016%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.242	+0.002%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0411% / S −0.0258%	1h	11.245	+0.032%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0595%	1h	11.257	+0.135%	$43.5M	$56.6M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0629%	1h	11.253	+0.095%	$4.6M	$13.5M	50x	as long as short